The Business Times
business-time-50
SUBSCRIBERS

Hot stock: Genting Singapore sheds 1.9% on heavy trading after dismissing potential deal rumours

google-preferred-sourceAdd BT as a preferred source
Elysia Tan

Elysia Tan

Published Mon, Jul 18, 2022 · 10:53 AM
    • Genting Singapore's shares fell as much as 5 per cent or S$0.04 in the early part of the trading session, but recovered slightly to S$0.77 as at 11.42am, down 4.4 per cent or S$0.035 with 16.9 million shares traded.
    • Genting Singapore's shares fell as much as 5 per cent or S$0.04 in the early part of the trading session, but recovered slightly to S$0.77 as at 11.42am, down 4.4 per cent or S$0.035 with 16.9 million shares traded. PHOTO: SPH MEDIA TRUST

    MAINBOARD-LISTED Genting Singapore lost 1.9 per cent or S$0.015 on Monday (Jul 18) to finish the day at S$0.79, after the company said on Sunday that it is not aware of nor involved in any ongoing discussions on a potential transaction involving the company. 

    The group’s shares fell as much as 5 per cent or S$0.04 in the early part of the trading session, but recovered some ground in the second half of the trading day.

    Genting Singapore was the most actively traded counter by volume on the Singapore Exchange on Monday, with some 38.9 million shares changing hands.

    Hot StockGentingSingapore Stocks

    TRENDING NOW

    US President Donald Trump with President Xi Jinping after a visit to Zhongnanhai Garden in Beijing, on May 15.

    Xi Jinping has just rewritten the rules of US-China rivalry

    Always one to walk the talk, DBS CEO Tan Su Shan has her personal AI agent that checks and serves up to her the latest news on banking.

    ‘Even a CEO’s job can be replaced by AI’: DBS CEO Tan Su Shan bets big on agentic AI

    An artist's impression of Pelican Paradise Group's township project that was designed to include a five-star convention hotel, an 18-hole championship golf course and a hospital, among others.

    Singapore developer in limbo after Timor-Leste scraps major township project

    Set up by Nichol Ng and her brother, FoodXervices traces its roots to 1934 with the business their grandfather started.

    ‘Whole deck of cards just toppled’: FoodXervices’ Nichol Ng on how a 92-year-old family business unravelled – and what’s next

    Latest T-bills Treasury Bills Results & Interest NewsLatest SSB Singapore Savings Bonds NewsLatest COE Certificate of Entitlement News
    Latest Johor-Singapore SEZ NewsLatest BTO Build To Order & Sales of Balance NewsLatest STI Straits Times Index NewsLatest SGX Dividends, Share Price NewsLatest Bonds Market NewsLatest Singapore Stocks To Buy NewsLatest Singapore Economy News
    View More